Explanation
1.BACKGROUND
This legislation authorizes the Director of Public Service to enter into various agreements with the City of Gahanna (Gahanna) for the Arterial Street Rehabilitation - Morse Road - Preserve TIF Improvements Phase 1, to accept an initial deposit from Gahanna, execute agreement modifications to accept additional deposits as necessary, and return any unused balance to Gahanna upon completion of the construction as necessary.
The City of Columbus (Columbus) has designed this project along Morse Road from a point 955' east of Trellis Lane/ Underwood Farms Boulevard to approximately 1,040 feet west of Johnstown Road. The project will widen Morse Road to 3 lanes from Trellis Lane/ Underwood Farms Boulevard to a point approximately 1,400 feet west of Johnstown Road. Morse Road will be resurfaced over the same limits and extending further east to approximately 1,040 feet west of Johnstown Road. A shared use path will be installed on the north side of Morse Road over the entire length of the project and will tie into the existing shared use path approximately 900 feet west of Johnstown Road. The construction of this project will be sold and administered by Columbus.
2. FISCAL IMPACT
The City of Gahanna shall deposit approximately $333,685.00 with the City of Columbus the project. This ordinance authorizes the Director of Public Service to accept this initial deposit and future deposits as necessary for this project and return any unused portion as necessary.
Title
To authorize the Director of Public Service to enter into various agreements with the City of Gahanna for the Arterial Street Rehabilitation - Morse Road - Preserve TIF Improvements Phase 1 project; to accept an initial deposit from Gahanna; execute agreement modifications to accept additional deposits as necessary; and return any unused balance as necessary. ($0.00)
Body
WHEREAS, this ordinance authorizes the Director of Public Service to enter into various agreements with the City of Gahanna for the Arterial Street Rehabilitation - Morse Road - Preserve TIF Improvements Phase 1project; to accept an initial deposit from Gahanna; execute agreement modifications to accept additional deposits as necessary; and return any unused balance as necessary, and
WHEREAS, the City of Columbus has designed this project along Morse Road from a point 955' east of Trellis Lane/ Underwood Farms Boulevard to approximately 1,040 feet west of Johnstown Road, and
WHEREAS, the project will widen Morse Road to 3 lanes from Trellis Lane/ Underwood Farms Boulevard to a point approximately 1,400 feet west of Johnstown Road, and
WHEREAS, Morse Road will be resurfaced over the same limits and extending further east to approximately 1,040 feet west of Johnstown Road, and
WHEREAS, a shared use path will be installed on the north side of Morse Road over the entire length of the project and will tie into the existing shared use path approximately 900 feet west of Johnstown Road, and
WHEREAS, this ordinance authorizes the Director of Public Service to accept this initial deposit and future deposits as necessary for this project and return any unused portion as necessary; now and therefore,
BE IT ORDAINED BY THE COUNCIL OF THE CITY OF COLUMBUS:
SECTION 1. That the Director of Public Service be and hereby is authorized to enter into various agreements with the City of Gahanna for the Arterial Street Rehabilitation - Morse Road - Preserve TIF Improvements Phase 1project; to accept an initial deposit from Gahanna; execute agreement modifications to accept additional deposits as necessary; and return any unused balance as necessary.
SECTION 2. That the City Auditor is authorized to make any accounting changes to revise the funding source for all contracts or contract modifications associated with this ordinance.
SECTION 3. That the City Auditor is hereby authorized to transfer the unencumbered balance in a project account to the unallocated balance account within the same fund upon receipt of certification by the Director of the Department administering said project that the project has been completed and the monies are no longer required for said project.
SECTION 4. That the funds necessary to carry out the purpose of this ordinance are hereby deemed appropriated, and the City Auditor shall establish such accounting codes as necessary.
SECTION 5. That this ordinance shall take effect and be in force from and after the earliest period allowed by law.